Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

Capitalisation of Assets

This query is : Resolved

Share Report Follow Query Ask a Query

Gurtej Singh Dhanoa

Gurtej Singh Dhanoa (Querist)
Follow

09 April 2011 If office building is to be capitalised under the category of Non factory building or office Building, then what about the heavy equipments installed for such building i.e. like Heavy DG set, Heating ventilation and water treatment plant, water chillers, Lifts etc. Under which category should these assets be capitalised.
1. Plant and Machinery
2. Electrical Equipments( DG sets)
3. or any other category,

CA Sumat Singhal

CA Sumat Singhal (Expert)
Follow

10 April 2011 I think Plant & Machinery.
Refer Schedule XIV of Companies Act.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member N.VENKATARAMAN

N.VENKATARAMAN

Pro Member T Ramachandran

T Ramachandran

Pro Member Nagaratnam Chandrasekaran

Nagaratnam Chandrasekaran

Pro Member Yugaindra Rana

Yugaindra Rana

Pro Member Soumitra Patra

Soumitra Patra

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

Featured 27 May 2026

Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

12 May 2026

Accounts Executive

Nafa Group

Mumbai

B.Com

View Details

19 May 2026

Accountant

ca kunjan

Mumbai

CA Inter

View Details

01 June 2026

Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details

14 May 2026

ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details

27 May 2026

Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details

ARTICLESHIP 15 May 2026

ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details

26 May 2026

Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details